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20121205
20121213
Search Results 0 to 6 of about 7 (some duplicates have been removed)
for the bush tax cuts to be made permanent for rich and poor as part of a deal to avoid the fiscal cliff. and the very same christine welker joins us live from the white house. you reported this earlier today. the speaker's office is now pushing back a little bit claiming there are no parameters on what tax reform would look like. but they aren't denying what you said, are they? >> they're not directly denying it. their point is raising tax rates or keeping them low is a moot point. because they have always been opposed to raising tax rates on wealthy americas. they say it would hurt small business owners. they're calling for overall tax reform, they say. but this has evolved into a game of chicken with both sides refusing to concede anything until the other side does first. so yesterday it seemed like there was some movement. today it seems as though these negotiations are really to some extent falling apart. as you know president obama and john boehner spoke on the phone yesterday. sources on both sides are describing that phone conversation as tense in large part because of this issue
automatic tax increases and spending cuts will send the economy over the fiscal cliff, and around the capitol there's largely the sound of silence as the white house and congress try to work out a deal behind closed doors. the president has no public events on his schedule. and all through the house, not a creature was stirring except, that is, for john boehner, who emerged to gavel the house into session this afternoon after a week's recess with his trademark holiday cheer. >> washington has a spending problem. now, the president doesn't agree with our approach. he's got an obligation to put forward a plan that can pass both chambers of the congress because right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> i'm sorry, i meant his trademark ba ham bug which he's been doling out by the sleigh load. >> there's a stalemate. let's not kid ourselves. we have a debt problem that is out of control. we've got to cut spending. washington has got a spending problem. just more of the same. >> more of the same indeed. a
. ♪ >>> it's a brand new week, and with the fiscal cliff just 22 days away, the president is on the move heading to michigan to rally autoworkers' support for higher taxes on the wealthy and greater investment in u.s. manufacturing. the president traveled to a suburb of detroit touring an engine plant that's announcing a $100 million expansion in production and jobs. and even as the president touted that economic bright spot, he renewed his case to extend tax cuts for 98% of americans that are due to expire at the end of the year. >> how many of you can afford to pay another $2,200 in taxes? not you? >> no! >> that's a hit you can't afford to take. and by the way, that's not a good hit for businesses either. >> the president's urgent push come as the white house and congress enter the deadline phase in their negotiations to get a deal passed by next friday, the last day congress is in session. president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say t
-election, but if you thought the campaign was over, you'd be wrong. in the fight over the fiscal cliff, the president is again reaching out to voters for their support. this afternoon a northern virginia family got a special visit after sharing their story about how a $2,200 tax increase would hurt them. and for the president, it was a chance to remind the public and congress that without a deal, taxes will go up for everyone at the end of the year. >> the message that i think we all want to send to members of congress is this is a solvable problem. the senate has already passed a bill that would make sure that middle class taxes do not go up next year by a single dime. it's very important that we get this done now, that we don't wait. >> with just 26 days before the country goes over the edge, the president and speaker boehner spoke last night, both are staying mum about what exactly was said, but the president made clear today that he's not budging on top earners. >> just to be clear, i am not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i
Search Results 0 to 6 of about 7 (some duplicates have been removed)